NOT LISTED FOR SALE

Estimated Value: $1,384,675

Studio
-- Bath
-- Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: April 28, 2017

Last sale price $599,000

Est. 131% increase in value since last sale

Current estimated payment $8,800 / mo

73 Days on Market

About This Home

As of April 2017

28 Room Motel in the heart of Down Town Redding. Walking distance to shopping, transportation, cafes, entertainment as well as proposed new Multi-Use Development projects. Great opportunity to continue as a Motel or Upgrade, Convert, etc. Financing may be available up to $415,000 O.A.C. *Estimated Yearly NET Income: $82,000. Buyer to verify.

Last Agent to Sell the Property

Nick Kerley

DROZ CORPORATION Listed on: 02/01/2017

Last Buyer's Agent

NON MEMBER

Big Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.49

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 102-510-019-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.49 Acres

Listing Details

  • Directions: From Cypress, make a right on Pine St, left on Lincoln St, left on Market St, property is on left next to Kahunas Mongolian BBQ.
  • Prop. Type: Residential Income
  • Year Built: 1949
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 102-510-019-000
  • Lot Dimensions: 21,498
  • Zoning Description: AND - C-1 - General Commercial

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Bought by
Current Estimated Value
$1,384,675

Purchase Details

Closed on
Mar 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 24, 2017
Sold by
Bought by
Seller's Agent
Nick Kerley
DROZ CORPORATION
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$640,000
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0476%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
0.0606%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
0.0606%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0684%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Placer Title
$17,500 First American Title
-- None Listed On Document
$1,600,000 First American Title
$599,000 First American Title Company
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
$385,000 Fidelity National Title Co
$113,094 --
-- Chicago Title Co
$1,000 --
$370,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Open $760,000
Closed $1,000,000
Previous Owner $1,120,000
Previous Owner $640,000
Previous Owner $125,000
Previous Owner $100,000
Previous Owner $500,000
Previous Owner $265,000
Previous Owner $50,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $599,000 -7.8% --
04/14/2017 04/14/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $650,000 -- --
Source: Shasta Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $1,817,881 $795,906 $1,021,975
2024 $15,327 $1,475,130 $780,300 $694,830
2023 $15,327 $1,435,910 $765,000 $670,910
2022 $12,871 $1,213,200 $750,000 $463,200
2021 $9,866 $913,200 $450,000 $463,200
2020 $7,211 $648,862 $318,362 $330,500
2019 $6,827 $634,199 $312,120 $322,079
2018 $6,772 $610,980 $306,000 $304,980
2017 $4,537 $400,000 $200,000 $200,000
2016 $4,480 $400,000 $200,000 $200,000
2015 $4,490 $400,000 $200,000 $200,000
2014 $4,215 $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 16-5989

Shasta Association of REALTORS®

APN: 102-510-019-000

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